Kvasir Technologies scores $2.37M investment

April 28, 2023 |

In Denmark, Kvasir Technologies has raised an investment round of EUR2.15 million from lead investor VÅR Ventures with participation from Maersk Growth. With this investment round, Kvasir Technologies has raised nearly EUR7 million this past year, including a EUR2.5 million non-dilutive grant from the European Innovation Council (EIC) and various other project grants. The funding will be used to fast-track the realisation of the promising technology, and they expect this to be the last investment round before their Series A.

Category: Fuels

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